$ENRIN $SIEMENS

Siemens shares rose more than 5 percent on Wednesday after the company reported March quarter revenue that exceeded analysts' estimates. The stock climbed 5.46 per cent to an intraday high of Rs 3,878 per share on the NSE. The company reported a 9.6 percent dip in net profit to Rs 355 crore in the March quarter compared to the year-ago period, mainly due to higher commodity prices and rupee depreciation. The net profit of the company stood at Rs 393 crore in quarter ended on March 31, 2026. However, revenue from operations rose to Rs 4,618 crore from Rs 4,029 crore in the same period a year ago. The report said the year-ago quarter had benefited from income related to discontinued operations of its energy business transferred to Siemens Energy India. It added that currency depreciation and higher commodity costs also impacted earnings during the quarter. JM Financial said Siemens' Q4FY26 EBITDA missed its estimate and consensus estimates by 23 percent and 16 percent, respectively, due to pressure on gross margins. The company reported gross margin at 26.2 percent in Q4FY26 compared with 30.2 percent in Q4FY25.